I picked up a 66 Coronado the other day because it was cheap, original and looks so cool. After shimming and setting up I have been giving it a good workout. And yes these babies really feedback! I was aware of the very bad rep these guitars have as a failed model and so I didn't expect much. However the guitar is much better sounding than I expected. Especially for 60s style rock such as Jet. For blues solos the sound is very crisp. So overall I am pretty happy, and I wonder if the extent of the bad rep is fully justified. I was watching the Interactive Fender Bible DVD the other day, and Dave Hunter was playing a green coronado. This DVD is a very cool 70min romp through vintage fender amps and guitars. Anyhoo the coronado was sounding very nice, particularily when compared with some of the other student fenders of the pre cbs era. The other guy, Carl Verheyen, who is an awesome guitarist, commented that the coro sounded great. Dave responded that it was the amp that made it sound great. Hmmm. It just makes me think that maybe the coro is the one everyone loves to hate.